Gold price: International precious metals prices strengthened, with gold reaching historic peak. (AI image) Gold price today: Gold April futures on MCX soared beyond Rs 86,000/10 gram, with the precious metal beginning Tuesday at a fresh peak of Rs 86,350 per 10 grams, showing a rise of 0.62% or Rs 534.Silver March futures were up…
The Union Cabinet approved the New Income Tax Bill on Friday. New Income Tax Bill LIVE: Finance Minister Nirmala Sitharaman may table the New Income Tax Bill in the Parliament on Tuesday. The intention to introduce the New Income Tax Bill was first announced by FM Sitharaman in her Union Budget 2025 speech.The Union Cabinet…
The daily momentum indicator has a positive crossover, says Jatin Gedia, Mirae Asset Sharekhan. (AI image) Stock market today: BSE Sensex and Nifty50, the Indian equity benchmark indices, opened in red on Tuesday. While BSE Sensex was below 77,300, Nifty50 was near 23,350. At 9:18 AM, BSE Sensex was trading at 77,265.02, down 47 points…
Top stocks to buy (AI image) Stock market recommendations: According to Somil Mehta, Head – Alternate Research, Capital Market Strategy, Mirae Asset Sharekhan, Berger Paints and HCL Tech are the top stocks to buy today:Berger Paints – Buy in the range between Rs 482 & Rs 488; Stop Loss: Rs 472; Target: Rs 530The stock…
NEW DELHI: FM Nirmala Sitharaman on Monday clarified in the Lok Sabha that India’s rising gold reserves, including those held by RBI, is not intended to replace any international currency.She responded to Congress MP Manish Tiwari’s concerns about whether the global shift towards gold signalled a move away from the US dollar as a dominant…
CHENNAI: Southern states can do more to improve labour productivity, gross value addition, research and skilling, said chief economic adviser V Anantha Nageswaran. Speaking at the CII South Global Linkages Summit, he said the southern states have performed well in GDP per capita, labour force participation, skilling and gross value addition in manufacturing but there…
NEW DELHI: The average capacity utilisation in the manufacturing sector is around 75%, which reflects sustained economic activity in the sector, and the future investment outlook is also positive, a survey showed on Monday.About 42% of respondents indicated plans for investments and expansions in the next six months, according to the Ficci quarterly survey of…
NEW DELHI: With an eye on receiving $100 billion investment from European Free Trade Association (EFTA) nations – Switzerland, Norway, Iceland and Liechtenstein – government on Monday announced the setting up of a dedicated platform to promote trade, investment and business facilitation between the two regions.Last March, India and the four European nations had signed…
BENGALURU: Biocon is betting big on new product launches in its generics and biosimilars portfolios, which are expected to fuel its expansion in the next 2-3 years. The company is leveraging the Viatris acquisition to provide a significant boost towards an integrated biosimilars enterprise model.This integrated approach encompasses complete oversight of value-generation through development and…
NEW DELHI: More than 54.5 crore JanDhan accounts have been opened till January 15, 2025, of which about 56 per cent belong to women, Finance Minister Nirmala Sitharaman said on Monday. Replying to a question in the Lok Sabha, the minister said the government started Pradhan Mantri Jan Dhan Yojana (PMJDY) in August 2014 to…
